The RBI took up the issue of introducing Rs 200 bank notes at a meeting last month as it sought shore up the availability of lower denomination bank notes after ATM operators reported a shortage.
Mobile wallet adoption surged manifold as the government began crackdown on black money scrapping Rs 500 and Rs 1,000 notes. A relatively simpler option to transact cashlessly, however, is Unified Payments Interface (UPI). Here‘s why:
The company aims to address an acute pain point in India‘s real estate market by providing cashless solutions.
PM Modi's national campaigns such as Swachh Bharat â€” the logo of which is emblazoned on the new currency â€” are well-orchestrated and have eye-grabbing visual props. That makes the inferiority of the new currency's design an eyesore.
There was a humdrum of excitement at Paytm's office. Many employees were poised to achieving their download and merchant on-boarding targets, well ahead of their schedule, thanks to PM Modi. On LED screens on its office walls, numbers such as transactions, GMV and wallet recharges were going up in green, every few minutes...
With the help of Wallet on Delivery, online shoppers will now be able to make payments with the help of e-wallets at the time of delivery.
There is going to be a lot of volitility in the global markets if Hillary Clinton loses the elections, he says. This is due to the vacuum of information until more clarity on the policies he employs in US emerges.